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Informality and weak competition – a deadly cocktail for growth and equity in emerging Latin America

By Piritta Sorsa, Jens Arnold and Paula Garda, OECD Economics Department Why is growth persistently low and so unevenly distributed in emerging Latin America compared to emerging Asia despite a huge potential? Potential growth is ranging around 2-3% in the region. Some refer to dependence on commodities, poor education, weak business environments or corruption as … More Informality and weak competition – a deadly cocktail for growth and equity in emerging Latin America

Fortalecer las instituciones para mejorar la prosperidad de los mexicanos

Por Sonia Araujo y Lisa Meehan, sección para México, Departamiento de Economía de la OCDE ¿Por qué algunos países son más ricos que otros? Es cada vez más reconocida la importancia de las instituciones fuertes y eficaces para el éxito económico de las naciones (ver, por ejemplo, Acemoglu y Robinson, 2012). Las instituciones proporcionan un … More Fortalecer las instituciones para mejorar la prosperidad de los mexicanos

Strengthening institutions to improve the prosperity of all Mexicans

By Sonia Araujo and Lisa Meehan, Mexico Desk, OECD Economics Department Why are some countries wealthier than others? There is increasing recognition that the economic success of nations depends on well-functioning institutions (see, for example, Acemoglu and Robinson, 2012). Institutions provide a framework that shape economic incentives, thus influencing decisions in a multitude of areas, … More Strengthening institutions to improve the prosperity of all Mexicans

A renewed strategy to boost growth and well-being in Mexico

by Sonia Araujo and Lisa Meehan, Mexico Desk, OECD Economics Department The Mexican economy has benefited from strong fundamentals. A strong macroeconomic policy framework has underpinned moderate growth, in the face of a number of shocks the economy has experienced in the recent past. Monetary policy has successfully tamed inflation and prudent fiscal policy has … More A renewed strategy to boost growth and well-being in Mexico

Una estrategia renovada para impulsar el crecimiento y el bienestar en México

por Sonia Araujo y Lisa Meehan, OCDE La economía mexicana se ha beneficiado de fuertes fundamentos. Un marco de política macroeconómica muy sólido ha sustentado un crecimiento moderado, frente a una serie de choques que la economía ha experimentado en el pasado reciente. La política monetaria está controlando con éxito la inflación y la política … More Una estrategia renovada para impulsar el crecimiento y el bienestar en México

Positive economic outlook for the main economies in Latin America but downward risks have intensified

Alvaro S. Pereira (Director) and Latin American desks, Economics Department, Country Studies Branch, OECD The global economy is navigating rough seas. Global GDP growth is strong but it has peaked. In many countries unemployment is well below pre-crisis levels, labour shortages are biting and inflation remains tepid.  Yet, global trade and investment have been slowing … More Positive economic outlook for the main economies in Latin America but downward risks have intensified

Las perspectivas económicas son positivas en los principales países de América Latina pero los riesgos a la baja se han acentuado

Alvaro S. Pereira (Director) y mesas de países latinoamericanos, Departamento de Economía, Directorado de estudios de países, OCDE La economía mundial está navegando mares agitados. El crecimiento del PIB mundial es fuerte, pero ha alcanzado su punto máximo. En muchos países, el desempleo está por debajo de los niveles anteriores a la crisis de 2008, … More Las perspectivas económicas son positivas en los principales países de América Latina pero los riesgos a la baja se han acentuado

Mexico’s reforms are paying off, but there is much left to do

By Sean Dougherty, Mabel Gabriel, Patrick Lenain, and Julien Reynaud, OECD Economics Department The overall economic and social situation has improved in recent years, but important challenges remain, such as high levels of poverty, extensive informality, low female participation rates, insufficient educational achievement, financial exclusion, weak rule of law, and persistent levels of corruption and … More Mexico’s reforms are paying off, but there is much left to do

Is Mexico a new ‘China’???

By Sean M. Dougherty, Head of the Mexico Desk, OECD Economics Department. China’s spectacular growth during the 1990s and early 2000s made it the envy of many other emerging economies. Yet more recently, relative labour costs have risen substantially, and economies such as Mexico’s, which lost export market share for some time, have made a partial … More Is Mexico a new ‘China’???